Featured

  • Jul 07, 2020 - Richard Metcalf

    Sunrun to buy Vivint Solar

    Residential solar company Sunrun has signed a $3.2 billion all-stock deal to acquire its rival Vivint Solar.
  • Jul 06, 2020 - Carmen Arroyo

    Engie tweaks ownership of Chilean duo

    France’s Engie has transferred a hydro and a wind project owned by Engie Latam to its local subsidiary Engie Energía Chile (EECL).
  • Jul 06, 2020 - Taryana Odayar

    NextEra auctions solar assets

    NextEra Energy Resources has launched separate sale processes for a pair of solar projects in Texas and Alabama that are expected to be online by the end of this year and next year, respectively.
  • Jul 06, 2020 - Carmen Arroyo

    Colbún inks PPA with fishing company

    Independent power producer Colbún has signed a seven-year power purchase agreement with Chilean fishing company Camanchaca.
  • Jul 06, 2020 - Taryana Odayar

    Dominion exits gas transmission, storage biz with sale to BHE

    Dominion Energy has struck a deal to sell its gas transmission and storage assets – including more than 7,700 miles of storage and transmission pipelines and about 900 billion cubic feet of storage – to Berkshire Hathaway Energy, in a transaction valued at nearly $10 billion.

Mergers & Acquisitions

  • Sunrun to buy Vivint Solar

    Jul 07, 2020 - Richard Metcalf

    Residential solar company Sunrun has signed a $3.2 billion all-stock deal to acquire its rival Vivint Solar.
  • Engie tweaks ownership of Chilean duo

    Jul 06, 2020 - Carmen Arroyo

    France’s Engie has transferred a hydro and a wind project owned by Engie Latam to its local subsidiary Engie Energía Chile (EECL).

Project Finance

  • Terra-Gen lands portfolio refi

    Jul 06, 2020 - Shravan Bhat

    Terra-Gen raised almost $300 million in debt last week for a California wind portfolio repowering.
  • Texas PUC rejects Invenergy build-transfer

    Jul 06, 2020 - Shravan Bhat

    The Public Utility Commission of Texas has rejected a portion of Invenergy's 1,485 MW North Central wind complex in Oklahoma, though the portfolio is set to move ahead anyway thanks to a contingency plan.

Borrower Strategies

  • Peruvian gas pipeline company lines up financing

    Jun 30, 2020 - Carmen Arroyo

    Gas Natural de Lima y Callao, also known as Cálidda, is working on an up-to-$100 million loan to fund the expansion of its gas distribution system in Lima and Peru's constitutional province of Callao.
  • Details emerge on Northland’s EBSA financing

    Jun 29, 2020 - Carmen Arroyo

    Details have emerged on the non-recourse holdco debt package arranged by Northland Power to finance its acquisition of Colombian distribution utility Empresa de Energía de Boyacá.

People & Firms

  • Promotions in SMBC LatAm team in New York

    Jul 02, 2020 - Juliana Ennes

    SMBC has shaken up its Latin America team in New York with a series of promotions following the departure of Isaac Deutsch earlier this year.
  • CenterPoint taps former Halliburton CEO

    Jul 01, 2020 - Taryana Odayar

    CenterPoint Energy has appointed the former Halliburton Co chief executive David Lesar as its president and CEO, effective July 1.

Latest Community

  • Jul 02, 2020 - Richard Metcalf

    The Buzz: Political risk

    Last week, we published a case study on the uncertain fate of Engie and Tokyo Gas’s Golden Eagle renewable energy portfolio in Mexico in the context of President Andrés Manuel López Obrador’s controversial energy policy (PFR, 6/25). But political risk is not confined to Latin America, and project finance bankers may do well to consider the risks in the US, too.

  • Jun 19, 2020 - Richard Metcalf

    The Buzz – California Dreamin’

    As Pacific Gas & Electric’s bankruptcy proceedings appear to roll inexorably toward resolution, owners of power and renewable energy projects tied to the utility through power purchase agreements are beginning to indulge in pleasant thoughts of a return to normal for their project finance arrangements.

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    Jun 19, 2020 - Richard Metcalf

    Juneteenth: Infrastructure, finance and slavery

    The anti-racism protests sparked by the death of George Floyd in Minneapolis have led, among other things, to increased recognition of Juneteenth, the anniversary of the emancipation of the last enslaved African Americans in the US.

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